Last week, Education Secretary Betsy DeVos announced a two-year delay in the implementation of a rule that forgives the student loan debt of innocent victims defrauded by for-profit colleges.
The revised rule was designed to make it easier for victims to have their loans forgiven and compel fraudulent schools to pay the cost, not taxpayers.
By delaying this rule, DeVos is once again taking the side of predatory corporations and leaving thousands of innocent people in dire financial situations. This decision comes only a few months after DeVos reversed a ban that protected those who defaulted on their student loans from paying exorbitant collection fees — adding insult to injury for millions who put their trust in the Department of Education to do their job and protect students.
This is a moral outrage and we need to take action to demand DeVos implement these rules immediately. Victims of predatory for-profit colleges cannot wait — and taxpayers should not be forced to subsidize their fraud and abuse.
Sign our petition urging DeVos to implement these rules and protect victims of predatory colleges >>
Our country has a responsibility to make education attainable without digging students into a financial hole.
Instead of leading the charge, the Department of Education is letting big corporations take control of our education system and our tax dollars. We can’t let that happen.
When I was Attorney General of California, we prosecuted Corinthians Colleges, a predatory for-profit college conglomerate like the ones that DeVos is protecting, and won. As Senator, I am proud to work with Bernie Sanders and many of my colleagues to introduce legislation that would make college tuition-free for the vast majority of Americans.
I’m asking you to stand with me as I continue this battle by sending a powerful message to Betsy DeVos and the Department of Education that they must start protecting our students, not siding with corporate vultures masquerading as colleges.
Thanks for all you do.
Kamala Harris
U.S. Senator, California
